新纖

TW StockTextiles

1409

新纖

16.15D

1.57%

(0.25)

1409 Swing Trading Score

3

24

15

Stable Action
  • AI analysis rates 1409 with  a medium swing trading score of 3.
  • It is mainly due to  the relatively low short-term volatility ,but  .
  • It is recommended to monitor future changes in the swing trading score to determine the direction of future swings, whether they will be bullish or bearish.

1409 Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

1409 Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of 1409 from 2007/01 till Now

151.53%
Cumulative Return
5.62%
Annual Return
25.84%
Volatility
0.22
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to April, 2024. (Total Trades: 158)

1409SectorTW Overall Market
Wining Rate44%43%44%
Avg Return1.2%1.3%1.1%
Avg Profit7.2%9%9%
Avg Loss-3.8%-5%-5.6%
Avg Risk-Reward Ratio186.8%178.1%162.3%

Update to 2024/4/17 (Daily Update)

Top 10 High Relevance to 1409 Swing Trading Score